Market News
Welcome to CoinEdition’s page for Market News! On this page, we’ll talk about all the latest developments in the cryptocurrency and blockchain market. CoinEdition ensures that you, our readers, are up to date with Market News happening 24/7 and from all over the globe. Market News, by definition, is important because these developments can quite literally affect the state of the market and thus your investments. Therefore, it is our responsibility at CoinEdition to compile all the Market News for posterity’s sake and for the sake of your investments. Therefore, grab your Press Releases and Announcements, and let’s dive into the shaky but exciting world of Market News here at CoinEdition.
Youtuber Crypto Capital Venture Says Crypto Is About to Bottom
CryptoYouTuber Dan Gambardello, aka Crypto Capital Venture, warned that crypto is about to bottom. In one of the youtuber’s recent YouTube videos, he stated that the cryptomarket is within 30...
SBF Heads to US; Former Alameda Exec, Founder of FTX Plead Guilty
Sam Bankman-Fried’s aides including Caroline Ellison, who was the chief executive of Alameda Research, and Gary Wang, a founder of FTX, have pleaded guilty to federal criminal fraud charges. Meanwhile,...
BTC Supply off of Exchanges at an All-Time High: Santiment
The blockchain analysis firm, Santiment, posted a tweet today relating to the amount of crypto that has moved off of exchanges and into self-custody. In the post, Santiment shared a...
Data Shows People Remain Enthusiastic About Crypto in Bear Market
Although the global crypto market has experienced some of the worst events this year, data shows people are still enthusiastic about the Web3 industry and are far from losing interest....
Crypto Becomes Escape Amidst Rapidly Rising Global Inflation Rates
Crypto yield farmer and YouTuber Patrick, also known as @Dynamo_Patrick, posted on his official Twitter account with over 25k followers, the list of countries where inflation is off the roof....
Bitcoin Might Skyrocket Once It Breaks the $16.9K Resistance Level
Today, Eight global CEO Michaël van de Poppe tweeted that BTC might skyrocket once it surpasses the $16.9k resistance level. If BTC breaks through the resistance level, the price might...
Coins in DCG’s Portfolio Have Seen Significant Price Drops
A tweet made yesterday by the blockchain analysis firm, Santiment, shows that coins in the Digital Currency Group (DCG) owned by Barry Silbert, have plummeted hard in recent days. According...
Global Search Identifies Top Countries Interested in Proof of Reserves
From worldwide research on the countries interested in Proof of Reserves, carried out by the prominent cryptocurrency data aggregator CoinGecko, Singapore and Nigeria secured the first two positions in the...
Santiment Releases Mid-Month December Report: First Half Disappoints
The on-chain analysis firm, Santiment, took to Twitter earlier this morning to share their mid-month report. One of the points highlighted in the report is the fact that Bitcoin (BTC),...
Cosmos Omni-Chain DEX Sifchain’s RedStarling Validator Shutting Down
The core developer of Cosmos Omni-Chain Decentralized Exchange, Sifchain, said that the RedStarling validator will be shutting down. As per a message on RedStarling’s website, Sifcore employees have been abruptly...
USDC Liquidity on Uniswap Has Just Reached a 2-Year Low
Despite the latest turmoil in the crypto markets, the three biggest stablecoins have been able to maintain their peg to the US Dollar, according to the crypto market tracking website,...
JP Morgan Buys a 48.5% Stake in Viva Wallet for Over $800 M
The American multinational investment bank, JP Morgan has reportedly sealed a deal to buy about 48.5% stake in Viva Wallet for more than $800 million. As per reports, the stake...
Ray Youssef Acknowledges African Crypto Growth as a Revolution
Ray Youssef, the CEO, and co-founder of the peer-to-peer crypto trading platform, Paxful, tweeted in response to the Certified Investment Trader from Nigeria, Olumide Adesina’s post on Africa’s high records on crypto...
Binance CEO Advises Community to Exploit the Current Market Fear
The CEO of Binance, Changpeng Zhao, is stylishly telling the crypto community that buying crypto coins now at the low prices where most crypto enthusiasts are fateful could be a...
LunarCrush Releases 2022’s Biggest Crypto Moments In Recap Video
LunarCrush released a recap video on 2022’s most epic cryptocurrency moments. The video starts with a brief introduction to the company which collects social and market activity from cryptocurrencies, NFTs,...
Binance Dispels FUD With Another Proof-Of-Reserves Report
CryptoQuant revealed that Binance’s BTC liabilities or customer deposits are 97% collateralized by Binance’s assets. This collateralization grows 101% when the BTC loaned out to customers is included. The analytics...
Musk’s Bans Put Twitter on ‘Path to Authoritarianism’: ETH Founder
Ethereum co-founder Vitalik Buterin raises significant concerns in the wake of Elon Musk’s recent wave of Twitter censorship. He claims that the site’s latest deluge of account suspensions leads it...
People Holding Bitcoin for the Last 5 Years Are Now in 34% Loss
The bears have won most of this year’s crypto market as the most popular crypto, Bitcoin (BTC), struggles to cross the $20k price point. According to the market intelligence platform,...
Coinbase Loses Trial to Force Arbitration in Dogecoin Lawsuit
According to a ruling by the U.S. appeals court on Friday, Coinbase Global Inc (COIN.O) cannot require former users to use private arbitration instead of the courts to settle disputes...
Binance Audited PoR Matches On-chain Data by 99% Says CryptoQuant
Data analytic firm, CryptoQuant, has attested to the audit reserve report published by the most significant crypto asset manager, Binance, using on-chain data. In a research post, the firm shared...
Nansen AI Reports Binance Faced Loss In Asset Holdings In One Month
Crypto, DeFi, and NFT analytics platform, Nansen AI shared in a recent tweet that leading cryptocurrency exchange Binance has suffered a loss of assets in the last month. According to...
BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies
The Bank for International Settlements (BIS) has now allowed banks to now hold 2% of their reserves in cryptocurrencies as per its recently released Prudential Treatment of Crypto Asset exposure...
US Democrats Decide to Pay Back SBF’s $1 Million Political Fund
Subsequent to the arrest of Sam Bankman-Fried, the former CEO of the recently collapsed crypto exchange FTX, the three top US Democrats, namely, the Democratic National Committee (DNC), the Democratic...
Bitvavo’s $296.30 Million Locked at DCG: DCG Faces Liquidity Issues
Reportedly, Bitvavo, the Dutch-based crypto firm and a prominent European market leader offering tailor-made services for crypto investors, announced that 280 million euros, an equivalent of $296.30 million, has been...
A Deep Dive into Binance’s Exchange Balances vs Proof-of-Reserves
With investors on high alert following the FTX crash, crypto exchange Binance has recently been under the spotlight. Mazars, an accounting agency, recently audited Binance’s Proof-of-Reserves report. Some market participants,...
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